Press release

Banking Expert Shawn Hibbs Joins Payrailz as VP of Bank Sales

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Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced it has hired Shawn Hibbs as Vice President of Bank Sales.

Hibbs has over 25 years of experience in consultative sales, with 15 of those years being focused in the financial services industry. He was responsible for net new sales initiatives at FIS, Fiserv, First Data (now part of Fiserv), Paycommerce Inc. and Intelispend Prepaid Solutions.

With this extensive background in payments and banking, Hibbs is already in tune with what thought-leading banks require of a payments provider, and he understands what works best for them. He is an expert in payments, attitudinal segmentation, prepaid solutions and bill pay automation and shares a passion for Payrailz’ mission of making payments smarter and more engaging for the end-user.

“I was excited to join the Payrailz team because of their vision to create smarter payment experiences delivered via a smart payment routing hub with real-time payment capabilities,” said Hibbs. “Payrailz creates frictionless experiences that exceed users’ expectations through functionality, proactive notifications, ease and convenience. In my opinion, these are table stakes for banks in today’s marketplace.”

Hibbs has worked with the top banks in the country over his career – helping connect them with the solutions that fit best with their goals and needs. In his new role with Payrailz, he will now connect banks across the country with Payrailz’ smart payments hub using Payrailz’ proprietary API-first infrastructure.

“Shawn has an impressive track record with larger banks. He not only has relationships with them, but, more importantly, he has a deep understanding of how these banks operate and what they need to stay ahead of the competition,” said Fran Duggan, CEO of Payrailz. “With him on our team, we look forward to expanding our success in the bank market as we continue to grow our platform and deliver on our vision of providing the payment solutions that deepen digital relationships.”

About Payrailz®

Payrailz is a digital payments company offering advanced payment capabilities and experiences including consumer and business bill pay, external and internal transfers, new account funding, P2P, B2B, B2C and other related solutions to banks and credit unions. In a society that increasingly has become focused on a “do it for me” culture, Payrailz’ smart technology makes the difference. Payrailz creates smarter payment experiences for the financial services industry that are predictive and more engaging than currently available alternatives. Financial institutions can confidently embrace Payrailz’ API-first and cloud-native technology engine, to offer unique payment solutions to their consumers and businesses. Payrailz helps financial institutions meet the payment expectations of today and the payment innovation needs of tomorrow. For more information, visit payrailz.com, follow them on Twitter @Payrailz, Facebook or LinkedIn, or contact Mickey Goldwasser at 860.430.9245.